Economic Pessimism Reaches Decade High, Buyers Realize Lack of Leverage
Consumer outlook for the economy is down, according to the latest report from Fannie Mae.
Source: rismedia.com
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Federal National Mortgage Association : Supply Constraints Still Holding Back Housing and GDP
We revised downward our forecast for 2021 real gross domestic product growth from 5.4 percent to 4.9 percent on a fourth quarter-over-fourth quarter basis, while the outlook for 2022... | October 15, 2021
Source: marketscreener.com
A Cautious Outlook
A key measurement of U.S. consumer confidence dropped in September as U.S. deaths from Covid-19 passed 700,000.
Source: tradeonlytoday.com
Falling lumber prices boosted construction spending in July
Residential construction was up 27% year over year in July, according to the U.S. Census Bureau.
Source: nationalmortgagenews.com